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What Is Vena?

Vena is a Complete Planning platform that helps organizations streamline financial and operational planning, reporting and analysis processes. With a familiar Excel interface, AI-powered insights and a centralized database that connects and consolidates your data, you can improve productivity, free up time for analysis and plan for any scenario with confidence.

Who Uses Vena?

Vena is perfect for finance and accounting teams looking for Excel-based FP&A software. Today, over 1,700 companies use Vena's award-winning platform to streamline budgeting, reporting and analysis.

Where can Vena be deployed?

Cloud-based
On-premise

About the vendor

  • Vena Solutions
  • Located in Toronto, Canada
  • Founded in 2011

Vena support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Belgium, Canada, Denmark, France and 10 others

Languages

English

Vena pricing

Starting Price:

US$0.01/year
  • No free trial
  • No free version

Vena does not have a free version and does not offer a free trial. Vena paid version starts at US$0.01/year.

About the vendor

  • Vena Solutions
  • Located in Toronto, Canada
  • Founded in 2011

Vena support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Belgium, Canada, Denmark, France and 10 others

Languages

English

Vena videos and images

Vena Software - Corporate Dashboard: KPIs, Metrics and Analysis
Vena Software - Vena's workflow and process status dashboard
Vena Software - Audit trails in action
Vena Software - Cash flow statement in Vena
Vena Software - Vena's native integration with Microsoft PowerPoint
View 6 more
Vena video
Vena Software - Corporate Dashboard: KPIs, Metrics and Analysis
Vena Software - Vena's workflow and process status dashboard
Vena Software - Audit trails in action
Vena Software - Cash flow statement in Vena
Vena Software - Vena's native integration with Microsoft PowerPoint

Features of Vena

  • "What If" Scenarios
  • Access Controls/Permissions
  • Activity Tracking
  • Ad hoc Reporting
  • Asset Lifecycle Management
  • Audit Trail
  • Bank Reconciliation
  • Budgeting/Forecasting
  • Business Process Automation
  • CRM Integration
  • Cash Management
  • Collaboration Tools
  • Compliance Management
  • Consolidation/Roll-Up
  • Customizable Dashboard
  • Customizable Reports
  • Dashboard Software
  • Data Connectors
  • Data Import/Export
  • Data Integration
  • Data Visualization Software
  • Drag & Drop
  • Expense Management
  • Expense Tracking
  • Financial Analysis
  • Financial Consolidation & Close Management
  • Financial Management Software
  • Financial Reporting Software
  • Fixed Asset Management Software
  • Forecasting
  • Forms Automation Software
  • General Ledger
  • Goal Setting/Tracking
  • Incentive Management
  • Income & Balance Sheet
  • Key Performance Indicators
  • Multi-Currency
  • Multi-Department/Project
  • Multiple Data Sources
  • Performance Metrics
  • Predictive Analytics Software
  • Process Modeling & Designing
  • Profit/Loss Statement
  • Project Accounting Software
  • Quota Planning
  • Real Time Reporting
  • Reporting/Analytics
  • Rules-Based Workflow
  • Sales Planning
  • Sales Reports
  • Sales Trend Analysis
  • Search/Filter
  • Self Service Data Preparation
  • Strategic Planning Software
  • Tax Management Software
  • Territory Management
  • Third-Party Integrations
  • Version Control
  • Visual Analytics
  • Workflow Management Software

Alternatives to Vena

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Power BI is a unified, scalable platform for self-service and enterprise business intelligence (BI).
We aim to make the world better by connecting organizations and people to make better-informed plans and decisions.
Datarails is a financial planning and analysis platform for Excel users. Learn more about Datarails
Planning solution that enables businesses manage budgeting, forecasting and other financial operations via a unified portal.
KPI Fire helps companies organize and quantify improvement projects that support strategic objectives and key performance metrics.
Drive growth with Sales Cloud 360, the best-in-class sales solution that drives rep productivity on the world's #1 CRM platform.
An Intelligent finance platform that aligns CPM processes such as Financial Close & Consolidation, FP&A, Reporting & Analytics Learn more about OneStream

Reviews of Vena

Average score

Overall
4.6
Ease of Use
4.5
Customer Service
4.5
Features
4.6
Value for Money
4.5

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
69%
4
27%
3
3%
1
1%
Nelson
Nelson
Sotfware Engenier in Mexico
Verified LinkedIn User
Information Technology & Services, 5,001–10,000 Employees
Used the Software for: 2+ years
Reviewer Source

This is a professional and dynamic tool

5.0 last year

Comments: It's a straightforward tool that allows me to perform multiple tasks in one panel, it has effective formulas, allowing me to perform qualitative and quantitative analyzes with greater precision. In addition, when delivering these reports, I can reflect them in graphics that are easy to understand for others while still respecting the presentation’s professionalism. Another feature I like and have improved is the panel that can be personalized in the most used choices to organize it better.

Pros:

Vana is a software that allows to carry out tasks either financial or accounting in a customized way by means of calculation sheets and templates very similar to the established Excel tool, except that in this opportunity offers a greater number of options that conform to the specific requirements required by the current administrative systems of the enterprises. With this program, automated reports can be made enabling the preparation of managerial plans, with a high level of protection that will enable you to function without fear of filtering such data. It adapts very well to different industries and enables archives to be imported and exported quickly

Cons:

The monthly cost of the tool is very high relative to other similar ones, but of course, it should be remembered that it is a tool targeted at medium and large businesses, so that the price for large organizations can be manageable.

Blessed
Blessed
IT Consultant in Kenya
Verified LinkedIn User
Airlines/Aviation, 1,001–5,000 Employees
Used the Software for: 2+ years
Reviewer Source

Pocket friendly and simple User Interface.

5.0 10 months ago

Comments: Mostly on business management it's automatic and accurate. Then a little bit in financial Services when it comes to small accounting problems.

Pros:

Business processes management on my case has been made fast and easy to track.Every department works on accounts basis and with vena it's easy to lay out all financial requirements in department and balance budget and financial consumption.

Cons:

Nothing to be precise I have used it for specific time and it's been helpful.

Verified Reviewer
Verified LinkedIn User
Computer Software, 501–1,000 Employees
Used the Software for: 6-12 months
Reviewer Source

Coming full circle - back to excel?

1.0 2 years ago

Comments: I have used a handful of popular systems in my 10-year career. When I first heard of Excel focused planning tools I was at first excited. How can a system that solves for the very tool that all of finance uses go wrong? In the beginning, FPA wanted to get out of Excel and have one version of the truth. Then the industry pivoted back to Excel with a bunch of intermixed features between Excel and cloud solutions workflow. With that, issues arise such as..If everything is Excel based, is it just easier to use Excel? Sadly Vena, and many others like them, fall short with the basic product offering equation. What problem are you actually solving for? The balance between a native Excel feeling and the Vena software controlling it feels under-developed. And how can it not be? If you solve for Excel then you stray from the Vena platform, if you focus on Vena platform you move away from Excel. The result is a mediocre product at best. Here is a basic example. In Excel you can group columns, easy. In Vena, you can write simple code on the report to hide a column. In the same report you can use one or the other, or both, the results are reports with frustrating formatting quirks. Though there are some pluses to Vena, I would think twice about committing to it as it is not a robust planning tool. The main question you, the user, should ask is the following.” Do I buy into the future where Excel (a system owner my Microsoft) really the future of financial planning software?

Pros:

Honestly, if you have used other planning software, I can not really say there is much.

Cons:

• No web interface that shows your financials. All financials must be displayed through reports that you build through Excel. Yes, you can pull intersection data and get a dump, but that is cumbersome. • Loading headcount takes up to an hour to load since it needs to be customized. • Mapping a report takes too long. You must map not just columns and rows, but the “page”, or global like dimensions. Vena should be smart enough to know this without the user, it is not. • Mapping a report takes way too much space. You can not nest a query within a cell. • Hard running a report with two global assumptions. You have to create another intersection mapping. • Hard to audit a complicated report, hence you are incentivized not to, therefore what is the point? • Reports and input sheets can exist on the same report sheet. Though useful at times, it is easy to override data and can get confusing. Though you sometimes have to do it for modeling purposes. • The software learning curve peaks too early. I understand having a simple software, but not at the expense of functionality. • Writing intricate code to help automate financial planning is not practical. There is only a primitive editor, and no result box that guides you. Our consultants told us do not even try because they seldom touch it. Specifically, it is extremely hard to validate what is occurring. • Building a three-statement model is a disaster. Imagine building a balance sheet, but not being able to pull a number from the

Adriana
Adriana
Site Engineer in Ireland
Verified LinkedIn User
Construction, 201–500 Employees
Used the Software for: 1+ year
Reviewer Source

The Vena Project Cost Estimate and Budgeting Functions are Nice.

5.0 10 months ago

Comments: Vena calculations are accurate and the financial data report building is excellent and the permission management capability is impressive and i also like the compliance easy management functions.

Pros:

This platform is a true financial data management software and its Accountability is productive. Resource planning and the Construction projects expense management and the Equipment management and also payroll management capability is helpful on business production.

Cons:

The Vena features are very simple to set and even to non technical users is easy to start Vena manipulation through basic experience.

Verified Reviewer
Verified LinkedIn User
Marketing & Advertising, 11–50 Employees
Used the Software for: 6-12 months
Reviewer Source

Best tools for Sales Performance and Management Platfrom

5.0 11 months ago

Comments: Solid analytics, reporting features, and Advanced analytics capabilities, such as predictive analytics or advanced data visualizations, are benefits to gaining deeper insights into sales performance.

Pros:

Comprehensive Sales Performance Management (SPM) solution designed to help organizations streamline and optimize. Future allows for the equitable distribution of targets and territories, ensuring sales teams have clear objectives and aligned incentives.

Cons:

I don't have any corn. SPM set of features and capabilities to streamline sales processes and optimize sales performance. Overall flexibility, user-friendly interface, and focus on data accuracy and security make it a valuable choice. And I recommended it.